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Category Archives: Cryptocurrency

Bitcoin dips by 2% today as mining difficulty falls by 7.2%

Bitcoin is trading below $17k once again after losing roughly 2% of its value today. Bitcoin mining difficulty is down 7.2%, the biggest drop in more than a year.  The total crypto market cap is also down by nearly 2% in the last 24 hours.

Why BTC rose to $17K. Here is the potential price action next

Bitcoin rose on Thursday after Powell’s statement indicated slower rate hikes. BTC price has recovered above the 20-day MA. The long-term momentum is bearish for BTC unless bulls win back the $19,000 level. Bitcoin (BTC/USD) saw increased buyer interest on Thursday, rising to over $17,100.

Bitcoin price prediction as fear and greed index improves

BTC has been in a consolidation phase in the past few days. Bitcoin’s fear and greed index has moved to the fear level. The broad fear index by CNN Money is still in the greed zone. Bitcoin price remained under intense pressure as concerns about

What crypto analyst Benjamin Cowen thinks of BTC before a reversal occurs

Bitcoin could undergo another Capitulation event around Christmas – Cowen The cryptocurrency is consolidating but lacks an upside momentum BTC price could break into upside or downside When will Bitcoin price (BTC/USD) bottom-up after slipping below the crucial $19,000 level? Crypto analyst Benjamin Cowen believes Bitcoin

Bitcoin rebounds slightly after the FOMC but is the cryptocurrency bullish?

Bitcoin has been steady after FOMC statement The cryptocurrency remains tied to wider crypto concerns BTC needs to overcome $16,500 to become bullish Bitcoin (BTC/USD) rose slightly on Thursday after the US Federal Reserve statement. The cryptocurrency was held to the $16,500 level after a

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Binance releases its proof of reserves system

Binance’s proof of reserves system initially shows results for the flagship cryptocurrency Bitcoin. The crypto exchange will add other tokens and networks as well as implement ZK-SNARKs. Crypto exchanges are looking to show they have the assets they should hold after the shocking collapse of

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